- Telescopic channel/runner, also known as a drawer runner/channel is generally used in drawers, which are used for storing things. It is a small device which helps to simplify fluid motion while the drawer is closed and opened. The telescopic channel/runner is integrated with a small set of wheels which are attached to the external sides of the drawer.
- Drawers need telescopic channel/runner for smooth functioning; they smoothen the opening and closing function of drawers.
- Telescopic channel/runner are made from different materials such as aluminum, stainless steel, and plastic.
- There are three types of telescopic channel/runners: light duty channel/runner, medium duty channel/runner, and heavy duty channel/runner.
- The global telescopic channel/runner market is expected to grow at a rapid pace over the forecast period, owing to increased demand for telescopic channel/runner in the residential and commercial sector.
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Global Telescopic Channel/Runner Market: Dynamics
Global Telescopic Channel/Runner Market: Key Drivers
- The increasing usage of ATM machines, gaming machines, ticket machines, and food and drink dispensing equipment, which require telescopic channel/runners are projected to drive the demand for telescopic channel/runners in the forthcoming years.
- Premium furniture is seeing increasing demand since purchasing power of consumers is rising together with economic growth; thus, rise in demand for premium furniture is expected to boost the demand for telescopic channel/runner in the residential, commercial, and industrial sector across the globe.
- Growing investment opportunity, especially in developing countries such as China and India, is anticipated to boost the telescopic channel/runner market in the coming years.
- The growing demand for telescopic channel/runner from the residential sector due to the increasing consumer preference to design modular kitchens coupled with rising disposable income of consumers is expected to propel the telescopic channel/runner market.
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Rise in uncertainty of steel prices to hamper the market
- Rise in uncertainty of steel prices which is the primary raw material used in manufacturing telescopic channel/runners is expected to hinder the global telescopic channel/runner market in the next few years.
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